Curated News
By: NewsRamp Editorial Staff
November 10, 2026
SKYX and Deako to Supply 70,000 Smart Home Units to Stone Martin Builders
TLDR
- SKYX and Deako's Stone Martin deal for 70,000 units and exclusive extension through 2029 strengthens their smart home market position and growth pipeline.
- SKYX supplies advanced smart home technologies through its Deako subsidiary, with the merger expected to cut annual cash expenses by over $6 million.
- SKYX's smart home technologies aim to make homes safer and smarter, enhancing lifestyle and safety for residents in Georgia and Alabama.
- SKYX's combined pipeline of 4 million units at about $50 each could yield $200 million, with revenue per home potentially increasing fivefold.
Impact - Why it Matters
This news matters because it signals a significant acceleration in the adoption of advanced smart home technologies by major homebuilders. The expanded partnership with Stone Martin Builders, along with previous deals, demonstrates growing confidence in SKYX and Deako's integrated solutions, which could become a standard in new home construction. For investors, the merger's expected cost savings and potential to increase revenue per home by up to five times highlight a compelling growth opportunity. For homeowners, these technologies promise enhanced safety, convenience, and energy efficiency, setting a new benchmark for modern living.
Summary
SKYX Platforms (NASDAQ: SKYX) and its wholly owned subsidiary Deako have announced a major expansion in the smart home market. The companies expect to supply approximately 70,000 units of their advanced smart home technologies for more than 850 Stone Martin Builders homes across Georgia and Alabama through 2027. Additionally, they have extended their exclusive agreement with Stone Martin through 2029. This marks the third homebuilder program disclosed since SKYX completed its merger with Deako on October 13, 2026, bringing the combined total to approximately 210,000 units expected for more than 2,550 homes across programs with Stone Martin, Home Creations, and Maronda Homes.
SKYX also highlighted its combined pipeline of potential future orders with Deako, estimated at approximately 4 million units, with an expected average selling price of around $50 per product. Deako has already shipped more than 32 million units, generated over $26 million in 2025 revenue, and established relationships with more than 50 U.S. homebuilders. Management expects the merger to reduce annual cash expenses by more than $6 million and believes the combined product portfolio could increase future revenue per home by up to five times. The companies plan to continue expanding their presence in the U.S. homebuilder market through integrated smart home and lighting technologies. For the full press release, visit https://ibn.fm/xOqXa.
SKYX, based in Austin, Texas, is a communications platform under TechMediaWire, which is part of the Dynamic Brand Portfolio @ IBN, a network of over 75 brands. TechMediaWire provides access to wire solutions via InvestorWire, editorial syndication to 5,000+ outlets, press release enhancement, social media distribution, and a full array of tailored corporate communications solutions.
Source Statement
This curated news summary relied on content distributed by InvestorBrandNetwork (IBN). Read the original source here, SKYX and Deako to Supply 70,000 Smart Home Units to Stone Martin Builders
